Good Times Restaurants (NASDAQ:GTIM) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIMGet Rating) in a report issued on Monday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Separately, TheStreet cut Good Times Restaurants from a c rating to a d+ rating in a research report on Friday, August 26th.

Good Times Restaurants Price Performance

Shares of NASDAQ GTIM opened at $2.60 on Monday. Good Times Restaurants has a one year low of $2.02 and a one year high of $4.96. The business’s fifty day moving average price is $2.33 and its 200-day moving average price is $2.74. The stock has a market capitalization of $32.18 million, a PE ratio of 15.32 and a beta of 1.85.

Institutional Trading of Good Times Restaurants

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Good Times Restaurants by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 393,683 shares of the restaurant operator’s stock valued at $854,000 after purchasing an additional 8,371 shares during the period. Citadel Advisors LLC bought a new position in Good Times Restaurants in the 3rd quarter worth about $69,000. Finally, Dimensional Fund Advisors LP increased its stake in Good Times Restaurants by 56.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 21,909 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 7,918 shares during the last quarter. 14.19% of the stock is currently owned by institutional investors.

About Good Times Restaurants

(Get Rating)

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. The company operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.

See Also

Receive News & Ratings for Good Times Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Good Times Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.